Jane Street Group LLC Raises Position in United States Lime & Minerals, Inc. (NASDAQ:USLM)

Jane Street Group LLC boosted its position in United States Lime & Minerals, Inc. (NASDAQ:USLM) by 356.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 19,802 shares of the construction company’s stock after acquiring an additional 15,467 shares during the period. Jane Street Group LLC owned 0.07% of United States Lime & Minerals worth $1,934,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Farther Finance Advisors LLC increased its position in shares of United States Lime & Minerals by 900.0% during the third quarter. Farther Finance Advisors LLC now owns 310 shares of the construction company’s stock valued at $30,000 after buying an additional 279 shares during the period. Quest Partners LLC purchased a new position in shares of United States Lime & Minerals during the second quarter worth about $125,000. Amalgamated Bank lifted its position in United States Lime & Minerals by 400.0% during the third quarter. Amalgamated Bank now owns 360 shares of the construction company’s stock valued at $35,000 after purchasing an additional 288 shares during the last quarter. nVerses Capital LLC purchased a new stake in shares of United States Lime & Minerals during the 3rd quarter valued at $49,000. Finally, FMR LLC grew its position in United States Lime & Minerals by 403.0% in the third quarter. FMR LLC now owns 503 shares of the construction company’s stock worth $49,000 after acquiring an additional 403 shares in the last quarter. 27.12% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday, October 22nd.

United States Lime & Minerals Trading Up 0.9 %

USLM stock opened at $136.26 on Wednesday. United States Lime & Minerals, Inc. has a 12-month low of $42.87 and a 12-month high of $159.53. The stock has a market capitalization of $3.90 billion, a price-to-earnings ratio of 39.50 and a beta of 0.88. The firm’s 50-day moving average price is $132.64 and its two-hundred day moving average price is $98.58.

United States Lime & Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 22nd were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.20 annualized dividend and a yield of 0.15%. United States Lime & Minerals’s payout ratio is 5.80%.

Insider Transactions at United States Lime & Minerals

In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 22,261 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $141.73, for a total transaction of $3,155,051.53. Following the completion of the sale, the chief executive officer now directly owns 125,004 shares in the company, valued at approximately $17,716,816.92. This trade represents a 15.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Nathan O’neill sold 1,750 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total value of $244,527.50. Following the completion of the transaction, the vice president now directly owns 7,880 shares in the company, valued at $1,101,072.40. This trade represents a 18.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.62% of the company’s stock.

About United States Lime & Minerals

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.